<h2 class="topline-heading">Topline</h2><p>General Motors posted a $3 billion second-quarter profit—down $1.1 billion primarily because of tariffs imposed by the Trump administration, the company said in its earnings call on Tuesday, a day after Stellantis (Jeep, Fiat, Chrysler) blamed steep losses on tariffs. </p><figure class="embed-base image-embed embed-0" role="presentation"><div class="image-embed__placeholder"><img src="https://specials-images.forbesimg.com/imageserve/687f92b30341d56ba4321651/General-Motors-Global-Sales/960x0.jpg?fit=scale" alt="General Motors Global Sales" width="100%" height="auto"></div><figcaption><fbs-accordion classname="expandable" current="-1"><p class="color-body light-text" role="button">The American auto manufacturer’s net income fell by 35%, the company said in its second quarter <span class="plus" data-ga-track="caption expand">... More</span><span class="expanded-caption"> earnings call.</span></p></fbs-accordion><small>Copyright 2011 AP. All rights reserved.</small></figcaption></figure>

<div class="key-facts-element"><p><em>This is a breaking story and will be updated.</em></p></div>

The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.{ai:summary}<p>General Motors reported a $3 billion profit for the second quarter, a decline of $1.1 billion largely attributed to tariffs from the Trump administration. This marks a 35% drop in net income compared to the previous year.</p><p>Stellantis also reported significant losses, citing similar tariff impacts. #economy</p>

General Motors Earnings Drop $1.1 Billion Because Of Tariffs, Company Says

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